ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

PensionSubscribe to Pension

Social Security Code, 2020 and Rules

The Social Security Code, 2020 and the rules framed thereunder raise a number of issues regarding the working of the new legislation, which is the focus of the article. A major problem is the complex provisions that allow for dual authorities and overlapping of zones. Integration of the new code with the ongoing social security programmes and financing of new ones are other issues discussed.

Economic Independence and Social Security among India’s Elderly

Given that a majority of India’s elderly population lacks adequate social security or old-age pension, India needs a robust social security system that addresses decisive ageing challenges such as decent living arrangements, economic independence and social support to ensure active ageing. India needs to facilitate interstate convergence in old-age pensions under social security schemes for the elderly population, and revisit and re-evaluate existing multisectoral policy initiatives aimed towards their welfare.

Atal Pension Yojana

The Atal Pension Yojana—an old-age pension scheme for informal sector workers—is a major initiative to ensure fixed monthly pension for the elderly. This is guaranteed by the government through the provisioning of assured rates of interest during the accumulation and distribution period. An analysis of the benefit patterns and recommendations to make the scheme more attractive for the informal sector workers is presented.
Back to Top